Johnson Outdoors Inc. (NASDAQ:JOUT) Director Thomas F. Pyle, Jr. sold 1,950 shares of the firm’s stock in a transaction that occurred on Wednesday, September 13th. The stock was sold at an average price of $64.23, for a total value of $125,248.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Thomas F. Pyle, Jr. also recently made the following trade(s):

  • On Monday, September 11th, Thomas F. Pyle, Jr. sold 1,000 shares of Johnson Outdoors stock. The stock was sold at an average price of $63.16, for a total value of $63,160.00.

Johnson Outdoors Inc. (NASDAQ:JOUT) traded up 1.26% during mid-day trading on Friday, hitting $65.06. The company had a trading volume of 80,818 shares. Johnson Outdoors Inc. has a 12-month low of $31.25 and a 12-month high of $66.53. The company’s 50 day moving average price is $60.27 and its 200-day moving average price is $46.03. The firm has a market capitalization of $639.67 million, a PE ratio of 20.09 and a beta of 0.74.

Johnson Outdoors (NASDAQ:JOUT) last announced its quarterly earnings results on Friday, August 4th. The company reported $1.65 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.02 by $0.63. Johnson Outdoors had a net margin of 6.85% and a return on equity of 12.90%. The business had revenue of $155.27 million for the quarter, compared to analysts’ expectations of $149.29 million. On average, analysts forecast that Johnson Outdoors Inc. will post $3.49 EPS for the current fiscal year.

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Several hedge funds have recently modified their holdings of JOUT. Renaissance Technologies LLC grew its stake in Johnson Outdoors by 5.0% in the 1st quarter. Renaissance Technologies LLC now owns 280,700 shares of the company’s stock valued at $10,246,000 after buying an additional 13,300 shares in the last quarter. LSV Asset Management boosted its holdings in Johnson Outdoors by 7.7% in the 2nd quarter. LSV Asset Management now owns 262,083 shares of the company’s stock valued at $12,635,000 after purchasing an additional 18,788 shares during the period. Vanguard Group Inc. boosted its holdings in Johnson Outdoors by 10.3% in the 2nd quarter. Vanguard Group Inc. now owns 217,062 shares of the company’s stock valued at $10,464,000 after purchasing an additional 20,232 shares during the period. FMR LLC boosted its holdings in Johnson Outdoors by 52.8% in the 1st quarter. FMR LLC now owns 138,613 shares of the company’s stock valued at $5,059,000 after purchasing an additional 47,913 shares during the period. Finally, Acadian Asset Management LLC boosted its holdings in Johnson Outdoors by 5.3% in the 2nd quarter. Acadian Asset Management LLC now owns 123,524 shares of the company’s stock valued at $5,955,000 after purchasing an additional 6,237 shares during the period. Institutional investors own 59.48% of the company’s stock.

Several equities analysts recently commented on JOUT shares. ValuEngine upgraded Johnson Outdoors from a “hold” rating to a “buy” rating in a research report on Friday, June 2nd. Forward View reissued a “buy” rating and issued a $72.00 target price on shares of Johnson Outdoors in a research note on Sunday, September 3rd. BidaskClub raised Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. Zacks Investment Research cut Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, Imperial Capital raised their price target on Johnson Outdoors from $49.00 to $63.00 and gave the stock an “outperform” rating in a research report on Monday, August 7th. They noted that the move was a valuation call. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $67.00.

Johnson Outdoors Company Profile

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.

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